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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Holiday Rental Service $ 3.9 billion [41] [42] October 25, 2018 Pillow Short-Term Rental Management — [43] October 25, 2018 ApartmentJet Short-Term Rental Management — [44] August 22, 2019 CanadaStays: Holiday Rental Service — [45]
The Calhoun Hotel, later known as the Palladian Apartments and currently the Kimpton Palladian Hotel is a historic hotel building located in downtown Seattle, Washington. Constructed in 1909, The building was built on the recently regraded northeast corner of Second Avenue and Virginia Streets by Scott Calhoun (1874-1952), a well known attorney ...
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Here’s why some experts believe in the long-term approach over short-term rental platforms. For the full picture, find out some reasons Airbnbs can be better than long-term rentals .
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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